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China's yuan gains as Fed rate caution knocks dollar from 18-month high
SHANGHAI: China’s yuan inched higher against the dollar on Thursday after the US currency slipped from an 18-month peak as Federal Reserve officials cautioned about chances for a hike in interest…
Business Recorder
India's palm oil imports in September rose 4.5% month-on-month, trade body says
India’s palm oil imports in September rose 4.5% from August to 817,884 metric tons, the Solvent Extractors’ Association of India (SEA) said on Thursday.
Business Recorder
Italy to raise 0.44% of GDP from financial sector through 2029 to fund budget
ROME: Italy plans to raise 0.44% of gross domestic product from the financial sector to help fund its budget over the 2027-2029 period, a government document showed on Thursday.
Business Recorder

Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets
HONG KONG: The dollar slipped from an 18-month peak on Thursday despite hotter-than-expected inflation data, as cautious remarks from Federal Reserve officials and a pullback in Treasury yields led…
Business Recorder
IMF warns of slowing Asian growth, spillover from rising yields
BANGKOK: The International Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced energy shock, a potential…
Business Recorder

Sale of smart glasses: LHC directs heads of authorities to appear in person
ISLAMABAD: The Lahore High Court (LHC) has directed the secretaries of the Commerce and Interior and Narcotics Control divisions, the chairman of the Federal Board of Revenue (FBR), and the Member…
Business Recorder

US inflation heats up in September; Fed rate hike this month back on table
WASHINGTON: US consumer prices accelerated in September as the cost of gasoline surged, dealing another blow to President Donald Trump and his Republican Party ahead of the November 3 midterm…
Business Recorder





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